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Newmont (NEM)

(Delayed Data from NYSE)

$40.54 USD

40.54
14,403,107

-0.66 (-1.60%)

Updated Dec 4, 2023 04:00 PM ET

After-Market: $40.54 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.96%
2Buy17.61%
3Hold8.96%
4Sell4.80%
5Strong Sell2.32%
S&P50010.64%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 36% (91 out of 251)

Industry: Mining - Miscellaneous

Better trading starts here.

Balance Sheet

Research for NEM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Newmont Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Assets          
Cash & Equivalents 3,757 5,074 5,830 2,480 3,445
Receivables 366 337 449 373 346
Notes Receivable 0 0 0 0 0
Inventories 979 930 963 1,014 630
Other Current Assets 1,413 1,355 1,263 2,405 856
Total Current Assets 6,515 7,696 8,505 6,272 5,277
Net Property & Equipment 24,073 24,124 24,281 25,276 12,258
Investments & Advances 3,278 3,243 3,197 3,199 271
Other Non-Current Assets 1,716 1,775 1,705 1,484 1,866
Deferred Charges 173 269 337 549 401
Intangibles 1,971 2,771 2,771 2,674 0
Deposits & Other Assets 756 686 573 520 642
Total Assets 38,482 40,564 41,369 39,974 20,715
Liabilities & Shareholders Equity 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Notes Payable 0 0 0 0 0
Accounts Payable 633 518 493 539 303
Current Portion Long-Term Debt 0 87 551 0 626
Current Portion Capital Leases 96 106 106 100 27
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 199 384 657 162 71
Other Current Liabilities 1,998 1,559 1,562 1,584 760
Total Current Liabilities 2,926 2,654 3,369 2,385 1,787
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,809 2,144 2,073 2,407 612
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,571 5,565 5,480 6,138 3,418
Non-Current Capital Leases 465 544 565 596 190
Other Non-Current Liabilities 8,178 7,796 6,003 6,031 3,196
Minority Interest (Liabilities) 0 48 34 47 47
Total Liabilities 18,949 18,751 17,524 17,604 9,250
Shareholders Equity 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1,279 1,276 1,287 1,298 855
Capital Surplus 17,369 17,981 18,103 18,216 9,618
Retained Earnings 916 3,098 4,002 2,291 383
Other Equity 208 -342 621 685 679
Treasury Stock 239 200 168 120 70
Total Shareholder's Equity 19,533 21,813 23,845 22,370 11,465
Total Liabilities & Shareholder's Equity 38,482 40,564 41,369 39,974 20,715
Total Common Equity 19,533 21,813 23,845 22,370 11,465
Shares Outstanding 793.70 797.40 803.30 808.00 532.60
Book Value Per Share 24.61 27.36 29.68 27.69 21.53

Fiscal Year End for Newmont Corporation falls in the month of December.

All items in Millions except Per Share data.

9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Assets          
Cash & Equivalents 3,214 3,238 3,504 3,757 3,813
Receivables 78 185 348 366 289
Notes Receivable 0 0 0 0 0
Inventories 1,127 1,111 1,067 979 1,000
Other Current Assets 1,536 1,600 1,640 1,413 1,218
Total Current Assets 5,955 6,134 6,559 6,515 6,320
Net Property & Equipment 24,474 24,284 24,097 24,073 24,150
Investments & Advances 3,133 3,172 3,216 3,278 3,198
Other Non-Current Assets 1,740 1,737 1,691 1,716 1,839
Deferred Charges 138 166 170 173 208
Intangibles 1,971 1,971 1,971 1,971 2,771
Deposits & Other Assets 673 669 670 756 657
Total Assets 38,084 38,133 38,374 38,482 39,143
Liabilities & Shareholders Equity 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Notes Payable 0 0 0 0 0
Accounts Payable 651 565 648 633 570
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 94 96 96 96 94
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 143 155 213 199 174
Other Current Liabilities 1,920 1,877 1,795 1,998 1,486
Total Current Liabilities 2,808 2,693 2,752 2,926 2,324
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,696 1,795 1,800 1,809 1,864
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,575 5,574 5,572 5,571 5,569
Non-Current Capital Leases 418 441 451 465 464
Other Non-Current Liabilities 8,327 8,240 8,178 7,522
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 18,824 18,718 18,815 18,949 17,743
Shareholders Equity 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1,281 1,281 1,281 1,279 1,279
Capital Surplus 17,425 17,407 17,386 17,369 17,354
Retained Earnings 623 785 948 916 2,831
Other Equity 194 203 205 208 174
Treasury Stock 263 261 261 239 238
Total Shareholder's Equity 19,260 19,415 19,559 19,533 21,400
Total Liabilities & Shareholder's Equity 38,084 38,133 38,374 38,482 39,143
Total Common Equity 19,260 19,415 19,559 19,533 21,400
Shares Outstanding 794.80 794.70 794.70 793.70 793.70
Book Value Per Share 24.23 24.43 24.61 24.61 26.96